Superannuation guarantee contributions calculator

The Superannuation guarantee (SG) contributions calculator is available.

For salary or wage payments made on or after 1 July 2014, the minimum SG contributions rate of 9.5% will need to be applied.

The answers you get from the calculator tool are based solely on the information you provide. You must check that the information you enter is correct. We are not responsible for any incorrect answers.

People have told us that the calculator tool:

• is easy to use
• saves time
• completes the calculations for you
• allows you to print a copy of the contributions calculation for your records.

Note: Norfolk Island employers should not use this tool as a different super guarantee rate currently applies. See Norfolk Island superannuation basics for more information.

Getting started

The SG contributions calculator tool will take about one to five minutes to complete.

Who can use the SG calculator tool

Employers

Employers can use the calculator tool to calculate SG contributions. Using the drop-down box on the first screen, you can select to apply the minimum SG rate or increase the rate based on the arrangement you have with your employees.

Employees

Employees should use the Estimate my super tool. This is designed to help you determine whether you are eligible for SG contributions and whether your employer is paying the correct amount.

Information you need

Before you start, you will need the following information:

• the personal details of your employees, including their name (optional) and super fund details (optional)
• the amount that superannuation is payable on for each employee for the period.

Entering your data

As an employer, you should be aware of the SG eligibility criteria and the maximum contribution base.

The calculator has been designed so you can calculate SG contributions weekly, fortnightly, monthly or quarterly, based on your business needs. Consequently, this calculator tool does not incorporate the SG eligibility criteria or the maximum contribution base.

If you are unsure if an employee is eligible for the SG, use the SG eligibility decision tool before you start.

Contributions calculation

The calculator tool displays your SG calculation. It will provide:

• sub-totals of the SG amounts payable to each superannuation fund
• the total of all SG contributions payable.

You can print the contributions calculation for your records.

If you are late in meeting your super obligations, the Superannuation guarantee charge statement and calculator tool will calculate your SGC liability. It will also prepare the SGC statement to be lodged with us.

Printing your calculation

You can't save your calculations. We recommend you print a copy for your records.

To print the summary, you must have access to a printer.

Click on the Print button and the summary will be printed.

Providing feedback

We welcome your feedback on the superannuation guarantee contributions calculator. You can provide your feedback by filling in our feedback form.